Prepared by https://www.commercialmls.com
3238 15th Ave W Seattle WA 98119
Listing #: 682790 | Status: Pending | Status Change Date: 06/11/2024 | Last Modified: 12/20/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 121,123 |
Vacancy Factor % | 5.00% |
Operating Expenses | 51,220 |
Net Operating Income | 63,846 |
CAP Rate | 4.24 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Total Units | 6 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Financial Summary | |
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CAP Rate | 4.237 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 3 |
# of Units | 6 |
Total Building SF | 4,410 SF |
Net Rentable Area | 4,410 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 5,663 SF |
Acres | 0.13 |
Year Built | 1967 |
Property Type | |
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Property Type | Multi-Family |
Investment | Yes |
Location | |
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County | King |
Market Area | Queen Anne/Magnolia |
Tax ID # | 2770603570 |
Zoning | NC3-55(M) |
Parking Information | |
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#Covered Spaces | 0 |
# Uncovered Spaces | 10 |
Total Parking Spots | 10 |
We are pleased to present the exclusive listing of the Dravus Apartments, a six-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle, Dravus offers its residents convenient proximity to local amenities and major employers such as Meta, Google, Expedia, and others. The property features an attractive unit mix consisting of two 1-bedroom, four 2-bedroom units, and featuring a spacious average of 735sf. The building also boasts personal deck space, and an abundance of parking with 11 total spots both above and below the building. By updating the units and modernizing the systems and amenities, investors are poised to realize a near 39% potential rental upside. Dravus Apartments makes an excellent investment for inv
Apt. D+S #21039
Dravus Apartments
3238 15th Ave W Seattle WA 98119
Listing #: 682790 | Status: Pending | Listing Date: 6/3/2024 | Last Modified: 12/20/2024 | Status Change Date: 06/11/2024 | Email Listing